June 11, 2019
Sweetgreen has acquired Galley Foods, a Washington, D.C.-based meal service delivering ready-to-eat fresh meals, for an undisclosed amount of cash and stock, according to a company press release. The purchase marks the first acquisition for Sweetgreen, advancing the company's mission to connect people to real food.
"We're both companies with D.C. roots, and we're like-minded in our mission and in our commitment to our customers to better understand them and meet them wherever they are," Sweetgreen co-founder and CEO Jonathan Neman, said in the release.
The acquisition enables Sweetgreen to leverage Galley Foods' knowledge of logistics technology, live courier operations and high-volume production. Galley Foods CEO Alan Clifford, will join the Sweetgreen team as vice president of logistics.
"As a health-focused brand that was also homegrown in Washington, D.C., we've admired sweetgreen since its start," Clifford said in the release. "It's a company that, since its inception, has paved the way for change in the restaurant industry and inspired other brands to challenge the way they think about connecting people to food."
As part of the terms of the acquisition, Galley Foods will continue to operate in and serve D.C. while leveraging Sweetgreen's supply chain made up of regional growers, producers, and distributors.
Sweetgreen, which has 94 units, is also partnering with Dreaming Out Loud, a Washington, D.C.-based non-profit that works to build a healthy, equitable food system for marginalized community members across the city. Sweetgreen and Galley Foods will offer prepared meals made with local ingredients to families participating in the summer CSA at The Kelly Miller Farm, an urban farm program at Kelly Miller Middle School providing fresh fruits and vegetables.
In July, over 50 households will receive family-style Galley meals, along with tips to create dinner at home with produce from their CSA boxes, according to the release.